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TOUCHE ROSS v. HANOVER

107 Misc.2d 438 (1980)

Touche Ross & Co., Plaintiff, v. Manufacturers Hanover Trust Company et al., Defendants.

Supreme Court, Special Term, New York County.

October 29, 1980

Attorney(s) appearing for the Case

Shea & Gould (Daniel L. Carroll, Lillian S. Weigert and Judith L. Spanier of counsel), for plaintiff. Simpson Thacher & Bartlett (James J. Haugh of counsel), for Manufacturers Hanover Trust Company, defendant. Fox Glynn & Melamed (Joseph D. Becker of counsel), for Bank Saderat, defendant.

HILDA G. SCHWARTZ, J.

Plaintiff Touche Ross & Co. (Touche Ross) moves for a preliminary injunction pendente lite enjoining defendant Manufacturers Hanover Trust Company (Manufacturers) from making any payment under a certain letter of credit, No. 148535, issued by defendant Manufacturers in favor of defendant Bank Saderat in the amount of $400,000, including specifically enjoining Manufacturers from setting up a blocked account pursuant to...

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